Cryptocurrencies
Square Rolls Out Bitcoin Trading to Almost All Cash App Users
- Users can buy up to $10,000 of the digital currency per week
- Support for Bitcoin comes as some other companies shy away
Bitcoin: What’s Coming in the Year Ahead
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Square Inc. shares climbed after Chief Executive Officer Jack Dorsey said the company is introducing Bitcoin trading for almost all users of its cash payments app, signaling support for the volatile cryptocurrency.
"We support Bitcoin because we see it as a long-term path towards greater financial access for all," Dorsey wrote in a tweet Wednesday. "This is a small step."